“I think this is a weird practiise yet it is being done.”

What “practice” is “being done?” You didn’t describe something Being Doe; you asked about a condition and asked what something might look like, that does not relate to Budget and should not be done.

“Perhaps domeone who understands the reason […]

Resolution for 'Accumulated Profit issue: 'Accumulated Profit on Balance sheet transfer to new fiscal year P&L benefit?' available: Yes.

The Accumulated Profit issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the Accumulated Profit issue yourself by looking for a resolution described in the article. If it is a complex Accumulated Profit issue or you are unable to solve the issue, you may contact us by clicking here or by using other Accumulated Profit support options.

For more information about resolving issues related to Accumulated Profit in Quickbooks/QBO or to get support for the issue 'Accumulated Profit on Balance sheet transfer to new fiscal year P&L benefit?', click the link below: